£173,621
This estimated value is based upon the latest sale price for the house of £130,000 on 10 Jun 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There have been two burglaries within the last year on or near Shire Close
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| Price Paid | Date |
|---|---|
| £130,000 | 10 Jun 2016 |
| £107,000 | 7 Mar 2014 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in June 2016 the House Price Index for LEICESTER was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £130,000 results in an estimated price of approximately £173,621.
| 10 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £130,000 | £43,621 | £173,621 |
The Postcode Pricing Model uses changes in average sales price within the LE3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 34.431 % | £44,760 | £174,760 |
| 3 Month Average | 28.672 % | £37,273 | £167,273 |
| 6 Month Average | 42.486 % | £55,232 | £185,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £204,199 | £202,000 | 8 COVETT WAY |
| 31 Mar 2023 | £248,340 | £246,000 | 42 SHIRE CLOSE |
| 19 Aug 2022 | £186,498 | £187,000 | 13 SHIRE CLOSE |
| 16 Aug 2022 | £229,383 | £230,000 | 37 GREEN WALK |
| 1 Jul 2022 | £190,513 | £190,000 | 28 SHIRE CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 15 Jun 2012. Using an estimated price of £173,621 means this house is valued at £2,117 per sq meter (£196 per sq foot).
The average size of a house on SHIRE CLOSE is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Shire Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Shire Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shire Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wessex Drive |
| Mar 2024 | Drugs | Local resolution | On or near Wessex Drive |